Investing in multifamily properties is a preferred choice due to its benefits, including increased cash flow and property value appreciation. But what if you look at multifamily investment as not just a real estate venture but a business opportunity? Get ready to explore this mindset!
Join us on Average Joe Finances as our guest Vlad Arakcheyev shares his journey to becoming a real estate agent and his gradual transition into multifamily investments and turning it into a functionally operational business.
In this episode:
Key Moments:
00:01:17 Vlad's Journey into Real Estate
00:01:33 Transitioning from Graphic Design to Real Estate
00:02:20 Exploring Different Real Estate Strategies
00:02:48 Challenges of Balancing a Job and Real Estate
00:03:11 Taking the Leap into Full-Time Real Estate
00:03:16 Experiencing the Ups and Downs of Single-Family Rentals
00:04:05 Discovering the Potential of Multifamily Real Estate
00:04:27 The Importance of Education and Mentorship in Real Estate
00:05:02 Vlad's Current Real Estate Strategy and Focus
00:08:36 The Benefits and Challenges of Multifamily Real Estate
00:08:59 The Importance of Third-Party Property Management
00:09:16 The Business Side of Multifamily Real Estate
00:10:40 The Power of Partnerships in Real Estate
00:16:06 Finding Deals in Real Estate
00:21:12 The Role of Technology in Real Estate
00:25:51 Navigating Market Changes in Real Estate
00:27:23 Shifting Investment Focus from C to B Class Properties
00:27:50 Understanding the Risks of Older Buildings
00:28:12 The Advantages of Investing in BA Class Buildings
00:28:41 The Impact of High Mortgage Rates on the Rental Market
00:29:18 The Real Estate Market in New Jersey: A Case Study
00:30:23 The Consequences of Waiting for Lower Rates
00:31:05 The Importance of Planning and Strategy in Real Estate Investment
00:31:57 The Benefits of Investing in BA Class Buildings
00:35:45 Adapting to Market Changes: Shifting Investment Locations
00:39:35 The Importance of Teamwork in Real Estate Investment
00:45:11 The Role of Education and Mentorship in Real Estate Investment
00:49:17 The Power of Mindset and Focus in Real Estate Investment
Find Vlad Arakcheyev on:
Website: https://zontikventures.com/
LinkedIn: https://www.linkedin.com/in/vladarakcheyev/
Facebook: https://www.facebook.com/Vlad.Arakcheyev1/
Instagram: https://www.instagram.com/vlad_arakcheyev/
Tiktok: https://www.tiktok.com/@best_apartment_advice
Email: Vlad@ZontikVentures.com
Calendly: https://calendly.com/vlad-arakcheyev/30min
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Show Notes add-on continued here: https://averagejoefinances.com/show-notes/
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